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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 82,217 $ 125,888
Accounts receivable, net of allowances of $1,240 and $1,206, respectively 107,957 82,763
Inventories 46,594 31,554
Prepaid expenses 19,586 23,518
Deferred tax assets 0 12,446
Other current assets 7,774 7,215
Total current assets 264,128 283,384
Property and equipment, net 32,309 36,178
Long-term net investment in sales-type leases 14,484 10,848
Goodwill 147,906 122,720
Intangible assets, net 89,665 82,667
Long-term deferred tax assets 2,361 1,144
Other long-term assets 27,894 23,273
Total assets 578,747 560,214
Current liabilities:    
Accounts payable 22,646 19,432
Accrued compensation 18,195 19,874
Accrued liabilities 30,133 19,299
Deferred service revenue 27,948 25,167
Deferred gross profit 25,708 28,558
Total current liabilities 124,630 112,330
Long-term deferred service revenue 17,975 20,308
Long-term deferred tax liabilities 21,822 30,454
Other long-term liabilities 11,932 7,024
Total liabilities $ 176,359 $ 170,116
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.001 par value, 5,000 shares authorized; no shares issued $ 0 $ 0
Common stock, $0.001 par value, 100,000 shares authorized; 44,739 and 43,537 shares issued; 35,594 and 35,816 shares outstanding, respectively 45 43
Treasury stock at cost, 9,145 and 7,721 shares outstanding, respectively (185,074) (135,053)
Additional paid-in capital 490,354 457,436
Retained earnings 99,793 69,033
Accumulated other comprehensive income (2,730) (1,361)
Total stockholders’ equity 402,388 390,098
Total liabilities and stockholders’ equity $ 578,747 $ 560,214